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Jamaica Aims to Be Global Financial Hub by 2025

1/27/2025

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Summary

Story summary

Prime Minister Andrew Holness passionately reiterated Jamaica's ambition to emerge as a global financial services hub during the Jamaica Stock Exchange conference. He highlighted pivotal legislation, like the Limited Liability Companies Act, designed to lure businesses. Excitingly, Jamaica's debt-to-GDP ratio is set to plummet to 68.8% by March 2025, marking the lowest level since the 1970s.

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Story summary

Prime Minister Andrew Holness passionately reiterated Jamaica's ambition to emerge as a global financial services hub during the Jamaica Stock Exchange conference. He highlighted pivotal legislation, like the Limited Liability Companies Act, designed to lure businesses. Excitingly, Jamaica's debt-to-GDP ratio is set to plummet to 68.8% by March 2025, marking the lowest level since the 1970s.